Q2 saw strong performance by Northwest credit unions with memberships, loans, assets, deposits, and equity all increasing. The Northwest performance echoes a strong second quarter for credit unions nationally, according to the NCUA.
WesCorp Will Not Emerge From Conservatorship as United Resources; Regulator Urges Member Credit Unions to Stay Put Until a Merger is Worked Out
The NCUA has announced that three corporate bridge credit unions did not meet recapitalization goals. WesCorp, US Central and SE Corporate will not emerge as new entities. A number of Northwest credit unions have already been stung by WesCorpâ€™s downfall.
Social media users who follow the Washington Credit Union Leagueâ€™s Twitter feed @waleague have an opportunity to win a free, full registration to the 2010 Washington Credit Union League Convention, Sept. 14-17 in SeaTac.